The Metaverse cluster witnessed explosive growth in 2020 with top-tier firms either entering the field with potential projects or showing keen interest to join the industry. The latest addition to the Metaverse fan list is China’s global financial hub, Shanghai. The city authorities are planning to infuse the use of Metaverse across the public services …
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Hailing from Gibraltar as a top-tier blockchain technology platform, Valereum Blockchain is gearing up to acquire Juno Group to facilitate swift integration of fiat and crypto spaces. Coming from Gibraltar, the Juno Group is known for helping in the creation and administration of trusts, money management, and enterprise development in the country. With this partnership, …
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A closely followed crypto strategist and trader says that a big move is on the horizon for Ethereum competitor Near while comparing one altcoin’s market structure to the explosive price action of Avalanche (AVAX). Pseudonymous crypto analyst Cantering Clark tells his 99,100 Twitter followers that Near, a developer-focused blockchain designed for scalability and stability, is …
Bitcoin (BTC), the world’s most-valued cryptocurrency, has replaced gold as an inflation hedge for young investors, according to Wharton’s finance professor. Gold’s performance was “disappointing” in 2021, Wharton School finance professor Jeremy Siegel said in a CNBC Squawk Box interview on Friday. On the other hand, BTC has been increasingly emerging as an inflation hedge among …
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Yearn.finance (YFI) looks poised for a price correction after rising five days in a row to approach $42,000. Notably, an absence of enough buying volume coupled with overbought risks is behind the bearish outlook. The YFI price rally so far YFI’s price surged by a little over 47% in five days to $41,970 as traders …
Continue reading “Yearn.finance risks pullback after YFI price gains 100% in less than 3 weeks”
Marshall Mathers III, better known as Eminem, joined the “Bored Ape Yacht Club” (BAYC) by purchasing one of the nonfungible token (NFT) Bored Apes for $462,000 on OpenSea’s NFT marketplace. Eminem’s Bored Ape depicts a gold chain necklace and khaki army cap that he wears in real life and has been officially added to his …
Continue reading “Slim Shady buys Bored Ape ‘EminApe’ NFT for $460K”
South Korean tech giant Samsung revealed a new smart TV lineup with an integrated nonfungible token (NFT) platform. Samsung’s 2022 smart TVs such as Micro LED, Neo QLED and The Frame will have an NFT Platform app that can be used “for discovering, purchasing and trading digital artwork,” according to an announcement on Monday. “With demand …
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The year 2021 was good for the cryptocurrency market. A series of events saw cryptocurrencies, especially Bitcoin, adopted by institutional players. The amount of BTC held by large private corporations during the year increased significantly. The rise in Bitcoin holdings by private corporations in 2021 has overshadowed the recorded increase in 2020. Public companies gain …
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The crypto market ended 2021 on a low note, given that Bitcoin failed to hit the predicted $100,000. However, the downtrend has not been consistent across the market. While some coins are dipping, others are consolidating or making notable highs. One of the top gainers during the past 24 hours is Yearn Finance. Yearn Finance …
Continue reading “Yearn Finance up 13.8% to $41,168 – Where to buy YFI”
Sanctor Capital wraps up another mentorship program for early-stage founders exploring Web3 and Metaverse Project demos were followed up by four compelling panels that hosted some of the industry’s top experts, who shared their stance and ideas regarding the future of Web3 infrastructure, NFTs, on-chain gaming, and finally, privacy and interoperability. 2 min read Go …
Continue reading “Chamath Palihapitiya: Visa and MasterCard biggest business losers for 2022”
Last year, El Salvador sent a ripple wave through the crypto community when it announced the adoption of the flagship digital asset as a legal tender within its jurisdiction. Since then, the Central American country’s president has been widely hailed by the crypto community as a revolutionist due to his pro-crypto stance, which has won …
Continue reading “President Bukele predicts Bitcoin to reach 100k, enjoy more adoption”
Lee Jae-myung, nominated by the ruling party in South Korea for the upcoming presidential elections this spring, is preparing to raise funds in cryptocurrencies and issue non-fungible tokens for supporters. His campaign hopes that the initiative will woo young and tech-savvy Korean voters whose interest in digital assets is growing. Ruling Party of South Korea …
Yosuke Matsuda, president of Square Enix, a leading game developing company, has voiced his opinion about the rise of new technologies and trends like NFTs, blockchain gaming, and the metaverse concept in the gaming space. Matsuda explains the business strategy around these, detailing how Square Enix is moving to include them in their upcoming games. …
Vitalik Buterin, the co-founder of Ethereum, the second-biggest cryptocurrency by market cap, has reacted to some of his earlier beliefs in a new year’s tweetstorm. The developer touched on some subjects including the rise of cryptocurrency in Argentina and how stablecoins are thriving in the country, how ethereum scaling is still a pressing concern for …
A closely followed crypto analyst and trader is updating his big price prediction for Bitcoin (BTC) in 2022. The pseudonymous analyst known as TechDev was previously expecting a huge blow-off top for Bitcoin in late 2021 or early 2022, but now, he tells his 323,000 Twitter followers that a cycle top for BTC is coming …
